Ericsson and COSMOTE have now signed a Letter of Intent covering the initial phase of COSMOTE's WCDMA roll out in Greece, until the end of 2004. Ericsson will deliver network infrastructure including core and radio equipment, and will support the 3G rollout with a full range of services.
The Ericsson WCDMA solution will enable COSMOTE customers in Greece to continue enjoying advanced mobile services in the new 3G era. In addition to designing and implementing its 3G network, Ericsson has committed to work closely with COSMOTE in developing attractive end-user services in advance of the upcoming 2004 Olympic Games in Athens.
"The start of the deployment of our 3G network in Greece is yet another milestone for COSMOTE and confirms once again the company's proven commitment to deliver the highest quality, most user-friendly services to the Greek people," said Evangelos Martigopoulos, CEO of COSMOTE.
COSMOTE's Board of Directors selected Ericsson as the main vendor for the first phase of its 3G deployment in their June 19 board meeting.
The first phase covers the period until the end of 2004.
"We are very honored that COSMOTE has selected Ericsson as the main partner for their initial 3G network rollout," said Bill Zikou, President of Market Unit South East Europe at Ericsson. "This Letter of Intent is yet another confirmation of Ericsson's global leadership in providing end-to-end WCDMA solutions and a clear recognition of our competitive local position."
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership.
Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
Read more at http://www.ericsson.com/press
FOR FURTHER INFORMATION, PLEASE CONTACT:
James Borup, Ericsson Corporate Communications
Phone: +46 70 590 9261; E-mail: james.borup@ericsson.com
Anna Tzioti, Communications Executive, Ericsson South East Europe
Phone: +30 210-9601441; E-mail: anna.tzioti@ericsson.com
Maria Boura, Head of Communications, Ericsson South East Europe
Phone: +30 210 9601441; E-mail: maria.boura@ericsson.com
About COSMOTE Mobile Communications S.A.
COSMOTE launched service in April 1998 and is today the leading provider of mobile telecommunication services in Greece. COSMOTE's dual band GSM network covers more than 99% of the Greek population.
COSMOTE's total prepaid customer base exceeds 2,076,000 and its total customer base reaches more than 3,641,000 (market share 37.3%).
COSMOTE started off having one goal: to make mobile communications accessible to all Greeks. This was realized after only 3 years of operations based on the company's customer-centric philosophy, its competitive pricing policy and its advanced, user-friendly and comprehensible services offering.
COSMOTE's vision is to reinforce its leading position on all fronts:
market share, quality of services and profitability so as to become one of Europe's best five mobile operators and continue delivering superior shareholder value.
Read more at http://www.cosmote.gr